B&H Photo is selling the Canon Powershot G1 X for $549 (click here) instead of $649. You get $100 instant rebate, and the following bonus items: a 16GB SanDisk Extreme UHS-I U3 SDHC card and a Lowepro camera bag. Shipping is free in the US.

I have been told (thanks) that Canon will announce new gear on February 12th, one day before CP+ starts. One of the cameras that is going to be announced should be the successor of the Canon Powershot G1 X, the others should be DSLRs. The possible announcement of the G1 X replacement showed up also on other places.

No new specs of the PowerShot G1 X successor have been leaked so far, but we can expect something similar to the specs leaked some time go on the Chinese Xitek forum:

Same design as the G1X, with a slightly longer lens

DIGIC 6 Image Processor

24 – 120mm f/2.8-5.8 lens

20.2MP 1.5″ CMOS sensor

New optical zoom viewfinder with better image quality

3.0″ LCD touch screen with 922,000 dots

Additionally [source: CR], it is now also rumored the G1 X successor could have WiFi and GPS. The camera should be available to the public at the end of April or beginning of May.

No word about the other gear that Canon might announce for CP+. Short time to wait, and then we will know.

This was posted to Chinese Xitek forum (translated) back in November 2013 by a user claiming these are the specs of the successor of the Canon PowerShot G1 X, the “G1 X Mark II” (unusual moniker for a compact camera):

Same design as the G1X, with a slightly longer lens

DIGIC 6 Image Processor

24 – 120mm f/2.8-5.8 lens

20.2MP 1.5″ CMOS sensor

New optical zoom viewfinder with better image quality

3.0″ LCD touch screen with 922,000 dots

The camera could indeed be announced for CP+.

Take this with a big grain of salt, although it is true that in the past there have been leaks on Xitek.

The Powershot G1 X is somewhat unique in the overall Canon line-up. The G1 X features a sensor that is 20% smaller than the sensors Canon uses in APS-C DSLRs, and it is a bit larger than the 4/3 size used by Olympus and Panasonic, and it is more than 4x the size of the Fujifilm X10‘s sensor.

A new, interesting rumor came up. Canon may be working on a compact camera with a large sensor. Not a successor of the PowerShot G1 X (price & specs), but a camera like the PowerShot S110 (price & specs), just a bit a larger. The camera should have a fast lens and the new APS-C 18MP sensor featured on the Rebel Sl1/EOS 100D (price & specs), and the DIGIC 6 Image Processing Unit. No viewfinder. Pricing should be less than the PowerShot G1 X when it was released. We expect Canon to announce this camera at the end of SUmmer 2013.